About Beeswax
Beeswax is a company based in New York (United States) founded in 2014 was acquired by FreeWheel in December 2020.. Beeswax has raised $28.26 million across 4 funding rounds from investors including Brandtech Group, FreeWheel and Foundry. The company has 33 employees as of December 31, 2022. Beeswax has completed 1 acquisition, including Mediagamma. Beeswax offers products and services including Bidder-as-a-Service and Beeswax DSP. Beeswax operates in a competitive market with competitors including The Trade Desk, Quantcast, Turn, Matomy and Centerfield, among others.
- Headquarter New York, United States
- Employees 33 as on 31 Dec, 2022
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Beeswax.Io Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$28.26 M (USD)
in 4 rounds
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Latest Funding Round
$15 M (USD), Series B
Jan 22, 2019
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Investors
Brandtech Group
& 8 more
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Employee Count
33
as on Dec 31, 2022
- Investments & Acquisitions
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Acquired by
FreeWheel
(Dec 17, 2020)
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Products & Services of Beeswax
Beeswax offers a comprehensive portfolio of products and services, including Bidder-as-a-Service and Beeswax DSP. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service for automated bidding in programmatic media transactions.
Platform for ad buying with custom optimizations and APIs.
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Funding Insights of Beeswax
Beeswax has successfully raised a total of $28.26M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in January 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series B — $15.0M
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2019 | Amount | Series B - Beeswax | Valuation | RRE Ventures , Foundry | |
| Sep, 2016 | Amount | Series A - Beeswax | Valuation | Foundry , RRE Ventures |
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| Jan, 2016 | Amount | Series A - Beeswax | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Beeswax
Beeswax has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Brandtech Group, FreeWheel and Foundry. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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VC firm investing in seed and early stage companies in the US
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Founded Year | Domain | Location | |
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Amasia is focused on venture capital investments in sustainability.
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Founded Year | Domain | Location | |
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Venture capital is invested in early-stage tech startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Beeswax
Beeswax has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Mediagamma. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Machine learning is utilized for online advertising optimization.
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Beeswax
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Beeswax Comparisons
Competitors of Beeswax
Beeswax operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as The Trade Desk, Quantcast, Turn, Matomy and Centerfield, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
DSP software is provided for ad campaign execution across channels.
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| domain | founded_year | HQ Location |
AI-driven data intelligence is provided for marketing solutions.
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| domain | founded_year | HQ Location |
Demand-side platform and data management for ad buying are provided.
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| domain | founded_year | HQ Location |
Performance marketing solutions are provided for publishers and advertisers.
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| domain | founded_year | HQ Location |
RTB enabled click and call traffic buying platform
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Beeswax
Frequently Asked Questions about Beeswax
When was Beeswax founded?
Beeswax was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Beeswax located?
Beeswax is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Beeswax a funded company?
Beeswax is a funded company, having raised a total of $28.26M across 4 funding rounds to date.
How many employees does Beeswax have?
As of Dec 31, 2022, the latest employee count at Beeswax is 33.
What does Beeswax do?
Beeswax offers bidder as a service solution, allowing brand marketers, agencies, or ad networks to operate their own cloud-based bidder. The cloud-based bidder is a technology that automatically bids on the real-time auctions that take place to buy ad space as a web page loads. Beeswax has opted for a disruptive pricing model. While smaller customers will be charged a percentage of their ad spend (the standard DSP model,) larger companies will pay flat fees based on their CPU and data usage. Beeswax raised over 1M from noted angel investors namely David Rosenblatt (the former CEO of DoubleClick), Auren Hoffman (CEO of LiveRamp) and Joe Zawadski (CEO of MediaMath).
Who are the top competitors of Beeswax?
Beeswax's top competitors include The Trade Desk, Viant and Turn.
What products or services does Beeswax offer?
Beeswax offers Bidder-as-a-Service and Beeswax DSP.
How many acquisitions has Beeswax made?
Beeswax has made 1 acquisition, including Mediagamma.
Who are Beeswax's investors?
Beeswax has 9 investors. Key investors include Brandtech Group, FreeWheel, Foundry, RRE Ventures, and Amasia.
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